Why Nio Stock Accelerated 19.4% Higher in September
After driving more than 30% higher in August, Chinese electric vehicle (EV) maker (NYSE: NIO) continued powering higher last month. Investors found good news bookmarking September, with the company reporting strong quarterly earnings early in the month, through the end of the month, when Nio posted encouraging September sales.
According to data provided by S&P Global Market Intelligence, shares of Nio rose 19.4% in September.
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Source Fool.com
NIO Inc. Stock
€4.30
-1.450%
Currently there is a rather negative sentiment for NIO Inc. with 0 Buy predictions and 3 Sell predictions..
This results in a negative potential of -30.26% based on a current price of 4.3 € and a target price of 3 € for the stock.
